Bank Of Canada Interest Rate January 2024

Bank Of Canada Interest Rate January 2024. The bank of canada (boc) has lowered its key interest rate to 4.25 per cent, its third rate cut of the year. The bank of canada today held its target for the overnight rate at 5%, with the bank rate at 5¼% and the deposit rate at 5%.


Bank Of Canada Interest Rate January 2024

On wednesday, january 24, 2024, the bank of canada will announce its decision on the target for the overnight rate. The bank of canada today reduced its target for the overnight rate to 4¼%, with the bank rate at 4½% and the deposit rate at 4¼%.

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